zakaat on investments

Question ID: 40007
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My company deducts every month from my salary (before I receive it) an amount of money that goes towards my pension. It is a compulsory deduction. Is Zakaat payable on this pension money? If yes, is it then payable on the full current value of the pension fund or only on the total of my deductions/contributions over the year?
Shukran for your assistance. May Allah reward you.

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Asked on January 1, 1970 12:00 am
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Private answer

No Zakaat on pension money.

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Answered on January 1, 1970 12:00 am